If the dividends in box 1 of your 1099-PATR came from property purchased for personal use (or capital assets or depreciable property used in your business), you don't have to enter your 1099-PATR. Keep it with your tax records, though.
To enter a 1099-PATR for farm or co-op dividends:
- Open (continue) your return in TurboTax
- Go to Federal
- Wages and income
- Rentals, Royalties, and Farm
- Farm Income and Farm Rental
- Follow the instructions to enter info about your farm
- After you enter information about your farm profile, you will reach a screen that says Your Farming Income and Expenses, you will enter your 1099-PATR info in Livestock, grain, produce, custom work, co-ops